Pearson in talks to sell 50% stake in The Economist
One other shareholder of the weekly newspaper, Italy's Agnelli family, confirms it wants to increase its holding; a deal is likely to take several weeks, says a source
Mon, Jul 27, 2015 - 5:50 AM
(From left) Nikkei's Chief Manager Daisuke Arakawa, President and CEO Naotoshi Okada, Chairman Tsuneo Kita and Senior Managing Director Hirotomo Nomura take their seats before a news conference in Tokyo on July 24, 2015.
BRITAIN'S Pearson is in talks to sell its 50 per cent stake in The Economist to the other shareholders of the weekly newspaper, with one, Italy's Agnelli family, confirming it wants to increase its stake.
The move comes on the heels of Pearson's sale of the Financial Times...